All of the Following Are Output-Related Measures Used in Quantitative

question 328

Multiple Choice

All of the following are output-related measures used in quantitative assessments of sales performance EXCEPT:

• A)new accounts generated.
• B)dollar or unit sales volume.
• C)sales of specific products.
• D)selling expense related to sales made.
• E)current sales ratio.

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or taking an action.

Autarky

A national economic policy aimed at self-sufficiency, avoiding the import of foreign goods.

Netherlands

A country located in Northwestern Europe known for its flat landscape, extensive canal systems, tulip fields, windmills, and cycling routes.

Belgium

A country in Western Europe known for its medieval towns, Renaissance architecture, and as the headquarters of the European Union and NATO.